Sunshine Profits

Yesterday, the Bank of Japan released its most recent monetary policy statement. What does it say about the BoJ’s stance and what does it imply for the gold market?On Tuesday, the Bank of Japan...

Janet Yellen’s term as Federal Reserve chair ends on February 3rd. President Trump is expected to announce the new Federal Reserve Chair very soon, perhaps even this week. He said that...

Draghi sounded dovish at the recent ECB press conference. Will he sink the price of gold?We have already covered the last ECB monetary policy meeting on Friday. However, the event was so important...

Briefly:Intraday trade: Our Friday's intraday trading outlook was bearish. It proved wrong because the S&P 500 index gained 0.8% following higher opening of the trading session. The S&P 500...

On Friday, the Australian dollar declined against the greenback, which resulted in a decline to important support levels. Will they withstand the selling pressure in the coming week?EUR/USD Earlier...

Is Bitcoin in bubble territory? Certainly, the price pattern this year looks like an exponential one, at least locally, but there are also opposing views. In an article on CNBC, we read: [William]...

On Sunday, Abe won the snap election in Japan. What does it mean for the gold market?Over the weekend, the general election to Japan’s House of Representatives took place. The Liberal Democratic...

Briefly:Intraday trade: Our Friday's intraday trading outlook was neutral. It proved wrong because the S&P 500 index gained 0.5%, following higher opening of the trading session. The broad stock...

On Friday, crude oil bounced off session’s low and closed the previous week slightly below $52. Did it change anything in the short term?Crude Oil’s Technical Picture Let’s examine...

Spain’s central government said that it would suspend Catalonia’s autonomy on Saturday. What does it imply for the gold market? As we informed on Tuesday, Madrid set Thursday morning as...

In the 2015 October edition of the Market Overview, we analyzed the impact of the Chinese slowdown, as well as the stock market crash and the devaluation of yuan, on the gold market. Two years later,...

This week, quite a few interesting things happened. How could they affect the gold market?Wednesday was full of important events, which could have a non-negligible impact on the gold prices. First, it...

On Sunday, there was an election in Austria, while on Monday, the Catalan leader failed to clarify the independence call. What do these events mean for the gold market?After parliamentary election...

Briefly:Intraday trade: Our Friday's intraday trading outlook was bearish. It proved partly wrong because the S&P 500 index gained just 0.1%, and the index continued to trade within relatively...

On Friday, the reports on U.S. consumer inflation and retail sales were released. What do they imply for the gold market?Retail Sales Spike in SeptemberLast month we wrote: „(…) although...

Yesterday, Catalan leaders signed a declaration of independence. What does it mean for the gold market? So it really happened. On Tuesday, the Catalan President, Carles Puigdemont, signed a document...